Economy

New court ruling: holiday entitlements do not expire after three years

Holiday entitlements do not automatically expire after three years, as previously assumed. This applies if employers do not ask their employees to take...

Judgment against Verbund – increase in electricity price also inadmissible in second instance

A price change clause with which the association increased the price in May 2022 is inadmissible. This decision of the Vienna Commercial Court...

Balance last year – VKI received 4.18 million euros for its tasks in 2022

The Association for Consumer Information (VKI) has received basic funding of 4.18 million euros for 2022.That is less than for the areas Consumer information,...

Annual report – After Mateschitz’s death: Red Bull with big profits

Salzburg drinks manufacturer Red Bull significantly increased turnover last year and increased its dividend to 1.5 billion euros despite consistent profits, according to the...

“Disastrous excursion” – Benko takes Signa Sports private

There is a risk of slipping on smooth parquet floors. Especially on the New York Stock Exchange. Austrian department store juggler Rene...

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